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Re: Drugdoctor post# 328309

Tuesday, 01/05/2021 2:32:04 PM

Tuesday, January 05, 2021 2:32:04 PM

Post# of 343673
So true, FORW market value should increase $5 million per .01 increase in the price per share of TSNP since FORW owns warrants to buy 500 million shares on TSNP.

FORW is deeply undervalued at its current share price of about .065. If FORW has no other value other then its shares in TSNP it should be selling at about .17 per share.

TSNP’s 3.9 billion outstanding shares is about 9 times more than FORW’s 440 million shares. TSNP market value is about $625 million vs FORW’s $29 million. If you multiply .125 (500 million/4 billion) times $625 million you get about $78 million. FORW should be selling at about 2.7 times it’s current price or about $.17 per share.

Psychologically it would be difficult to pay more per share then for TMPS but that’s the math. FORW is in a great position to succeed. Hopefully it’s value will get noticed and it’s shareholders will be justly rewarded. GLTA.